About your Search

20130416
20130424
Search Results 0 to 25 of about 26
in 10 years. brewster the nation's fiscal cut that tax loopholes that take a fair and balanced approach. at the same time the budget incorporates elements to speaker by last december. they make the difficult choices to find common ground. consistent with that offer come in the budget includes being the president would not put forward such as means testing command that a character in a related premiums and the more accurate the less generous measure of inflation. it includes proposals only so they come together around a complete and comprehensive package to shrink the deficit by $1.8 trillion over 10 years and are meant the fiscal uncertainty that hampers economic growth and job creation. this remark does not represent the starting point for negotiation. represent tagamet savings and additional roadrunners for those of the. the two cannot be separated and were not separated last december when we were close to a bipartisan agreement. this budget provides achievable solutions to fiscal problems, the crucial a solution desired, we have to do more than focus on deficit and debt. the signific
growth, whether it was through tax cuts and other inners and supply side reforms, would you cut them some slack on that or not? >> we would -- we think there's fairly limited room for significant fiscal stimulus that would place public debt on, you know, steeper gradient in terms of its rise. right from the beginning of the process, we recognized the government can use their balance sheet and fiscal measures to offset the decline in private sector demand. so some measures which allow for an easing of the levels of deficit reduction and the pace of that is perfectly consistent with the current rating that we now have on the uk. but can the uk go on a major fiscal stimulus exercise? we don't really think there's much room for maneuver in terms of them to do that in terms of a ratings perspective. >> what happens if they -- they could go on a big tax cutting program and that got rates going. this is more about growth, isn't it, right now, because growth is a way to generate the revenue to bring down the deficit. >> yeah. but that's evident that if you do tax cuts, that you'll get more revenu
president of the czech republic when we come back. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones did dowde country to an a from an a plus. the xetra dax today after shedding better than 2% yesterday, which is a huge move for this index, rebounding by about 0.4%. small gains seen elsewhere, the ftse mib in italy up about 0.6%. keeping an eye on the presidential election process. that is currently under way. here is a look at the bond sp
of these proposals would give to our children more taxes, more spending and neither ever reaches balance. there is only one proposal, the house budget, that would instead give to our children a balanced budget and a brighter future of freedom and opportunity. now is the time to choose the budget that reflects our american values. mr. speaker, the american people and future generations of americans deserve a balanced budget. i thank you and i yield back the balance of my time. the speaker pro tempore: the chair recognizes the gentleman from maryland, mr. hoyer, for five minutes. mr. hoyer: i ask unanimous consent to revise and extend. the speaker pro tempore: without objection. mr. hoyer: i thank the gentleman. preliminary, however to my remarks, i want to say i thank the gentleman for my -- the previous speaker for his remarks and to say i would hope that the senate, having passed a budget, we having passed a budget, the president submitting a budget, that we will now, hopefully as soon as this week, go to conference so that we might discuss the differences and get that budget to which t
of the fact that policy is our means, and they are not ends. we think we were for the court taxes or spending restraint, but those are policies we advocate. they're not what we're really for. what we're for are the good things that these policies will yield to the american people. what we're really for is the kind of society that those policies would allow the american people to create -- together. there is one idea too often missing from our public debate, it is that idea, together. in the last few years we conservatives seem to have abandoned words like together, compassion, and community, as if they're only possible meanings were as some sort of secret code for stateism. collective action does not only or even usually mean government action. conservatives cannot surrender the idea of community to the left when it is the vitality of our committees upon which our entire philosophy ultimately depends. nor can we allow one politician's occasional conflation of compassion and bigger government to discourage us from emphasizing the moral code of our world view. conservatism ultimately is not abo
to manufacturer boxcar on. lori: tax-free online shopping could be numbered. melissa: take another look at metals as we head out to break. copper trading lower. we will be right back. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by cnging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfsfunction get in your wa? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury
a pre-tax profit margin of 17. %, she said she would revisit those goals for the pretax profit margins for that unit in mid year once, again, the final acquisition or the last leg of that brokerage unit has been completed. the year over year decline in fixed income commodities and currency trading was down 42%. she said it was due to the very strong first quarter of 2012. that was due to some hejs that had helped put on for its clients. however, she did note on a quarter over quarter basis trading was up. retail activity among the brokerage clients was strong in january and february. it did taper off a little bit in march on concerns about some of the issues we saw. cyprus the big run-up in the market, et cetera. april got off to a slightly stronger start as well. she said ceo confidence when it comes to m and a, she said right now ceos are looking out to the second half of the year. there is concerns about the profit outlook there and that's holding them back a little bit. debt and equity underwriting remain strong. >> thank you, mary. a lot of information you had from that conversati
going forward. noticing that the effective tax rate that google's reporting is actually 8%. that compares with 18%, both last quarter and in the same quarter a year ago. so you've got to wonder how much that low tax rate affected their profitability and eps in that quarter. >> indeed. all right, thank you, all. an important earnings report period just now and wouldn't you know, it's the fast food company that is the only one that beat on the top line, of all three. and it's up 7.5% right now. thank you. >>> coming up, just three days of the tax deadline comes news of a b involving current and former irsit uil you hea wh they did, michelle. >> oh, i'll be shocked. >>> also, we're going to speak exclusively to bb&t ceo about his company's earnings and his bank's trouble with stress tests. >> that and much more coming up on the "closing bell." you are watching cnbc, first in business worldwide. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who'
new york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." >>> this is a total best of times/worst of times, tale of two cities market. on a tough day where most stocks went down, what i call the have-nots, there's
at $400 a share. it's got more than $100 net cash even after paying taxes, so you're paying $3,000, any earnings down 25% from what's expected. he put a ten p-e on that and this is a very cheap stock unless you believe that earnings will decline every year from here on out. that's ahead of the case and we're not buying ahead of it because we like the position that we have, you know, but we think it's an exceptionally cheap stock at this level. >> it will be one of the most-watched numbers of the quarter. thanks so much. >> thank you. >> switching gears, they were grossly negligent in the lead up to the brokerage firm's collapse. kayla tausche has more on this story which she's been following from its earlier days. >> it seems like it's been forever, david. we're getting a 61-page lawsuit from the bankruptcy court in manhattan. it takes aim at john corzine and the coo and cfo breaching fiduciary duty as it entered a downward spiral in 2011. it seeks an unspecified amount in damages. trustees won approval for a liquidation plan. in a statement, trustee louis freeh says attempts at med med
in the basement, existing home sales disappoint in march. we're going to go behind the numbers. cheryl: more tax pain. congress finally ready to vote on the controversial on line sales tax plan but some business owners are furious. we're going to explain. dennis: and top dog stocks. why pet food is paying off for investors. let's look at oil. up a touch. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. cheryl: let's head back to the floor of the new york stock exchange with nicole. best story of the m
are missing. the blast has set off tax i am fumes fanned by high winds and leveled homes and businesses nearby. tom ackerman has the latest. >> local firefighters were summoned to the plant to put out a blaze, then came the explosion. the blast in the small farming community of west near the city of waco leveled an apartment complex and damaged a nursing home located next to the plant. the explosion was felt more than 100 kilometers away, and the u.s. geological survey registered it as magnitude 2.1 on the earthquake scale. >> right now, we have a tremendous amount of injuries, probably over 100 injuries at this time. we do have confirmed fatalities. the inform is not current yet. it could go up by the minute. we're in there certaining the area right now. >> first responders evacuated half the residents of the town of 2,600, but as wind gusts carrying ammonia fumes shifted direction, they feared more people would have to be moved. the facility stored up to 20,000 kilos of ammonia, according to the company's emergency planning report t. said in the event of an accident there would be no risk of
. >> yeah, it has, which is good because that may counteract the effects of the payroll tax high. what about gold? let's check the commodities like gold, the ten-year. down about 7%. 7 bucks to $1414. there's been a bit of a move in sort of the euro. we want to keep an eye on that. there's your currency chart here in the ten-year treasury note. we talk about home sales. you always want to watch the ten-year treasury note. the yield right now is at 1 o.66. in corporate news this morning, japan says final permission to resume flights on boeing's dreamliner, it may come as early as thursday. that's earlier than expected. yesterday, boeing's engineers began install b reinforced lithium ion batteries on all nippon airways jets. some investment banks that have been looking to sell businesses with liquid assets in order to appease regulators and bolster balance sheets. credit suisse cited the rule last summer as a reason for exploring that sale. also, a u.s. trade panel has ruled apple didn't violate a google patent to make the iphone. if it had been found guilty, the tech giant's popular devices c
to pay respect to those faithful americans who filed their tax returns this week. only with a stark reminder of the enormous burden we have placed upon them with our complicated tax code. you know, it's been like a snowball going down a hill. it just gets bigger and more bloated the more cumbersome with each passing year. mr. pittenger: mr. speaker, this needs to stop. we added 4,400 changes to the tax code in the last 10 years. we can make it better. house republicans have a plan. we have a plan to reform the tax code, to make it simpler, to make it fairer, to make it responsible to the american people, put more money in their paychecks and to give more money to them to take care of their families. mr. speaker, american taxpayers deserve better, and we're going to do it. thank you. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from the great state of california sook recognition? -- seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one
workers pay payroll taxes into a trust fund. all employers pay the same payroll tax into that trust fund and out of that trust fund comes all of the spending or part a services primarily hospital insurance spending. the age i trust funds has exceeded revenue since 2007 and what that means it is the balance of the trust fund and the assets of the trust fund have been declining and they will be totally completed sometime in the middle of the next decade. since the trust fund can't borrow if the laws are changed medicare will be unable to pay full payments for charges in the age i trust fund. it will only be able to reimburse providers 85% of what they are charging. so clearly legislative action has to be made before that he either to raise taxes or slow the growth in spending or preferably a little bit of both. i my reckoning i have completed my assignment and rather than take a gold star as i said i want to have a couple of general observations. the first when we have discussiodiscussio ends like this we should make clear what our goal this. if our goal is to moderate the growth of medica
,000. taxes, $5800. three bedroom, two and a half bath. 1700 square feet, built in 1980. tell me more. >> yes. that's in the exciting penthouse square pens landing area just off society hill. that is a move up buyer or possibly two working professionals who plan on having a family shortly. it has a garage. fantastic master suite with a roof deck, city view, river view. a great area for joggers and bikers. there are restaurants. >> and it has a garage. that makes it very valuable in that area. now to our power house of the week. the kwint sential home. the list price 1 million $850,000. taxes just under $11,000. five bedrooms, 3.5 baths. historic property. built in 1794. >> when you think of philadelphia, this is philadelphia. pine floors. moldings. restored to perfection. 19 feet wide. fantastic garden. this is a corporate relo. a suburban person who raised their family and moving in with maybe older children. this is six fireplaces. it's exactly what philadelphia represents. >> are you seeing some bidding wars on some of the houses? >> we're seeing a tremendous amount of bidding wars primari
to have the same enthusiasm for paying taxes for the education of its college students today than it had during the cold war. >> anybody else? back in the red shirt in the middle here. >> one of the kingpins of hollywood, more behind the seasons, was lou wasserman who seemed to helped his forces to some political efforts. what was his leanings? was he considered to be a lefty, righty, or just a pragmatist. >> the question is about lou wasserman and his political lengs. -- political leanings. richard? >> lou was seniorman was essentially a man defeated to the welfare of universal pictures. that's what he did and how he defined himself. it seems to me that wasserman was in a certain sense value neutral so long as whatever was happening worked to the benefit of his studio and his enterprise, and it was a vast enterprise by the time it was -- it reached full maturity. i don't think he was -- i don't think he was evil man. he was just a guy really tending to business in a very, very, i must say, very effective way. there's no question in my mind at least, that he was the weeding ontrip -- the
to streamline government and the tax code needs to be simplified. we can do all that without having to disinvest or eat the seed corn that is the future economy of the united states of america. and while i love to join my friend from california because every time he comes to the floor, he is talking about how do we make investments today that are going to pay us dividends down the line. and when you talk about infrastructure, you're talking about making investments that are going to put for the most part, building trades' workers to work, who make a decent salary, a good salary, good benefits, good health care, and then they go out -- you have a ad built, painters, iron workers, sheet metal workers, they all got some money in their pocket and go down the street and go to home depot and spend some money there. they buy a house, add a room, put up a pool or send their kids to college and the whole thing keeps going and that's what we are talking about here. mr. garamendi: you're exooktly right. we hear people talk about our founding fathers, saying they wouldn't do it this way. interesting that ou
, and it became the psychology of it all. you know, taxes are changing, payroll taxes, income taxes, sequestration. and there was a little bit of a pause. but then we saw us get out of that, and i think they're still confidence-rich -- confidence-poor -- confidence-rich and cash-poor. >> i love that phrase, and i have gave you credit of late. initially, no. military, you've had two relationships with military. one, i've never seen a company more aggressively try to hire people from the military. and the other thing is, i didn't know you did so much business with the military, and that's been tough now because of sequester. >> sure, sure. one of the things about snap-on, for years we focused on auto repair. but what we've been doing lately is rolling the snap-on brand out of the garage to critical industries where the penalty for failure is high. >> aerospace. >> aerospace, military. one of the first places we went to is military. and we built a big business there. it's been down, but aerospace is coming up. aerospace and natural resources is what double digits in the quarter for us. i was just at
talk to in the medical device field is worried about the affordable care act, the tax on medical device makers. how significant is that in your view? >> i think there's a couple ways. first of all, the fact that more patients are going to get access we think is a good thing. it's unacceptable that patients are either uninsured or underinsure. tax, yes, it has an impact. we've got to make sure it's done in a responsible and reasonable way. overall we're convinced that it's going to continue to be about innovation, about strong customer partnerships. and really when you think about now, our medical device business, particularly our orthopedics business, our size and scale, the growth opportunities here and very much so in emerging markets. so, for example, all surgery is really just about trauma surgery in emerging markets. it's not as planned. as a result what we're seeing is significantly better growth rates in some of those places. >> i love that emerging markets part of the story. because you just look at the growth numbers and you figure out what the story is. but are you going to ha
of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. shoot. now with the share everything plan from verizon, connect your camera, along with your smartphone and tablet. all your devices connected by one simple plan on the powerful network. record video. connect more. so you can do more. the share everything plan from verizon. add additional devices like the samsung galax
to remember we have a lot of headwinds we're dealing with from the sequester, one, to the tax increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what
of the payroll tax cut, $80 per month as significant for most families. ghost was groceries, rent, gasoline. grant of lawful status further increases the influx of illegal immigrants. further forcing out low skilled the wage the pressing and employment levels of those americans. leadsition to that, that to more americans depending on the government. that the for the federal government, due deliberation be given to the effect of that grant on the wage and employment levels of low skilled americans because the evidence before the commission is that grant of said status is not without substantial cost to the american worker. thank you. >> as of all witnesses, a full statement will remain part of the record. the president of the american action forum. good to have the year. please go ahead. >> thank you chairman. it is a privilege to be here today i submitted a written statement for the record. let me briefly make three points. the immigration reform bill before you as many aspects. there are important security considerations, economic impact, legal issues but at its core, immigration reform re
and use tax laws and for other purposes. mr. reid: mr. president, i would object to any further proceedings in regard to this bill. the presiding officer: objection having been heard, the bill will be placed on the calendar. mr. reid: mr. president, today this august body will honor the memory of 20 first-grade children, little babies who were gunned down, most of them shot multiple times. we will also honor the teachers and administrators who were killed that day in newtown, connecticut. but we're also going to honor with this legislation tens of thousands of others who were killed by guns each year here in america. we're going to do that by voting on a number of measures to strengthen the laws to prevent gun violence in this nation. mr. president, the families of innocents killed in newtown, aurora, in carson city, blacksburg, in oak creek and columbine really deserve these votes. where do i stand on these democratic proposals? this afternoon the senate will vote on a compromised background check proposal crafted by senators manchin, toomey, kirk and schumer, all experienced l
and tax returns are not included in any information voluntarily shared with the government under cispa. through the under-- though the underlying bill would not permit this information unless it is a cyberthreat information, i bill support this amendment as it settles some members' concerns and reflects an amendment passed last year overwhelmingly. with that, madam chair, i urge this body's support of this clarification amendment and reserve the -- reserve the balance of my time. the chair: the gentleman from michigan reserves. the gentleman from maryland. mr. ruppersberger: i rise in opposition even though i am not opposed. the chair: the gentleman is recognized. mr. ruppersberger: i support chairman ronellers' amendment ensure the privacy. i yield back. the chair: the gentleman from maryland yield back. the gentleman from michigan. mr. rogers: i yield back. the chair: the question is on the amendment offered by the gentleman from michigan. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the amendment is agreed to. the gentleman from michigan
information is accurate? --t tax for things that can make or --ak our educational system creativity, relevance, technology, teachers. without funding, the educational system is worthless. school systems have to look at budgets and say what can make that? they will not cut math out of the curriculum. they will not cut reading. so they end up cutting the things we think of as esxtras -- cal education,uysicaysi resources that might be educational -- that might be essential to some kids think successful. like this is chelsea and she is a special ed student. >> i have dyslexia. . go to a special at school without it, i would be in trouble because they help me with my dyslexia. if you cut the funds i want to be able to learn from early in my future will be in jeopardy. >> mr. president, every day there are millions of kids are struggling i need help, mr. president. >> dear mr. president, they need your help. please take this. polity education is a major issue in america and must be addressed. it is spinning out of control. the drive america's odense and their contributions to society are in your han
Search Results 0 to 25 of about 26